The U.S. House of Representatives on Wednesday passed by a 241-175-1 vote a bill that would allow the controversial Keystone XL pipeline to proceed without presidential approval, a day after President Barack Obama threatened to veto the measure if it passes Congress.
Representing a substantial evolution in Florida law, the Florida Revised Limited Liability Company Act will make the state a more desirable location for business owners to use an LLC for their business activities. Companies and counsel should familiarize themselves with a number of key changes to existing law, say Philip Schwartz and Andrew Schwartz of Akerman Senterfitt LLP.
The U.S. Department of Energy's recent order ending a nearly two-year moratorium on liquefied natural gas export approvals provides important insight into how the department will consider pending and future export applications. However, it also raises many questions and indicates that the DOE will not back down from its controversial position on its authority, say attorneys with Day Pitney LLP.
In most respects, a bankruptcy sale is nearly identical to a sale of assets outside of bankruptcy. The differences lie in five specific areas, says Neil Herman of Morgan Lewis & Bockius LLP.
When a client comes to the antitrust doctor with a case of “cartelitis," there is often a good news/bad news discussion. The benefits of the corporate leniency “cure” are well known, but the patient must understand the long list of unpleasant side effects before proceeding. And, in some situations, the best option may be to seek an alternative treatment, says Robert Connolly of DLA Piper.
In the past, surprisingly favorable tax treatment was afforded to life insurers that were not licensed to conduct business in New York but that owned real estate investments in the state. But following recent reinterpretation of New York Tax Law, some uncertainty has arisen with respect to how unauthorized life insurers should allocate income for franchise tax purposes, say attorneys with Duane Morris LLP.
The D.C. Circuit’s broadly framed decision in National Association of Manufacturers v. National Labor Relations Board confirms that businesses should evaluate any informational or warning obligations with an eye toward protecting their First Amendment rights, say attorneys with Wiley Rein LLP.
An important practice tip that flows from the Third Circuit's opinion in Ryan Hart v. Electronic Arts Inc. is that talismanic invocation of the First Amendment does not resolve the legal problem of balancing that amendment with competing rights such as the right of publicity, says Ronald Katz of Manatt Phelps & Phillips LLP.
Recent legislative developments and shifting enforcement priorities have caused the risks posed by the False Claims Act and the Foreign Corrupt Practices Act to spiral to astronomical levels. The interplay between these trends and increased reliance on administrative exclusion is potentially devastating to government contractors, say attorneys with Covington & Burling LLP.
The privacy notice guidelines required by Mexico's privacy law recently went into effect, and Mexico's Federal Institute of Access to Information has already imposed penalties on companies that have not complied. Companies operating in Mexico should immediately implement internal processes in order to prevent significant economic liabilities, says Javiera Medina of Littler Mendelson PC.
In the technical sense, medical causation answers whether an accused substance brought about some alleged disease. But rarely are the central causal allegations in major toxic torts purely courtroom affairs — publicity and politics now drive the litigation, with plaintiff verdicts begetting more publicity, says James Sabovich of Gibson Dunn & Crutcher LLP.